Tag: productivity

Time Travel Through Factories: Unveiling 200 Years Of Evolution, From 1924 To 2124

Time Travel Through Factories: Unveiling 200 Years Of Evolution, From 1924 To 2124

Time Travel Through Factories: Unveiling 200 Years Of Evolution, From 1924 To 2124

Fahri Karakas

· Follow 34 min read·9 hours ago Photo by Ant Rozetsky on Unsplash In this article, you will leap into a time machine on factories.I will be using AI to witness 200 years of mind-blowing building trends or innovations spanning the fields of factories, production, manufacturing, industry, and automation.We will travel 100 years back, and then 100 years forward.Are you ready for this mind-blowing journey?A magnificent journey through time. Powered by artificial intelligence. Prompt 1: Traveling Back in Factories (1924–2024) “You will travel […]

Unraveling The Future Of Business Technology: IoT And Automation

Unraveling The Future Of Business Technology: IoT And Automation

Have you ever stopped to think about how our workplaces are becoming more intelligent with each passing day? It’s truly fascinating to witness the magic of IoT and automation at work. These two technological wonders are revolutionizing the way businesses operate. This blog post will discuss the future of business technology. What Are These Smart Business Buildings?

Imagine this: your office is more than a space but a genius in disguise. It features lights that intuitively respond to your needs, heating that wraps you in warmth like a comforting embrace and security measures that’re as reliable as your loyal […]

The Intersection of AI and Human Replacement: Navigating a Complex Landscape

The Intersection of AI and Human Replacement: Navigating a Complex Landscape

The Intersection of AI and Human Replacement: Navigating a Complex Landscape

TajiͥSaͣiͫth (Ṩιn�e1͢͢͢992)

· Follow 2 min read·5 hours ago Photo by Cash Macanaya on Unsplash Artificial Intelligence (AI) has rapidly advanced in recent years, sparking debates about its potential impact on the job market and the prospect of human replacement. As we navigate this complex landscape, it is essential to consider the nuanced relationship between AI and human labor. 1. Automation and Job Displacement: One of the primary concerns surrounding AI is its role in automating tasks traditionally performed by humans. Industries like manufacturing, logistics, and customer […]

The heartbeat of online retail: Exploring fulfilment centres

The heartbeat of online retail: Exploring fulfilment centres

Fulfilment centres are the engines that drive the thriving vehicle of online retail. As e-commerce burgeons, these centres have evolved from mere storage facilities to sophisticated hubs of technology, logistics, and human resourcefulness. They are the nexus points where the digital world of e-commerce meets the physical realm of retail logistics. Inside fulfilment centres: A day in the life

Imagine a vast space where every item has its designated place, and precision is paramount. A day in the life of a fulfilment centre begins with the arrival of goods, meticulously catalogued and stored. As orders pour in, an intricate […]

Move Fast and Fix Things Using AI

Move Fast and Fix Things Using AI

Conclusion to the Plato and Young Icarus Series:
Why It’s a Bad Idea to Slow Down Development of AI.

This is the conclusion to the Plato and Young Icarus series. Part One set out the debate in neoclassical terms between those who would slow down AI and those who would speed it up. Part Two shared the story of the great visionary of AI, Ray Kurzweil . Part Three told the tale of Jensen Huang, the CEO and founder of NVIDIA. Part Four shared the story of Yann LeCun, Turing Award winner, hero of France and chief AI scientist […]

Beyond Automation: How AI Will Reshape the Job Landscape in the Future

Beyond Automation: How AI Will Reshape the Job Landscape in the Future

artificial intelligence technology software The advent of Artificial Intelligence (AI) has sparked a paradigm shift in the job landscape , going beyond mere automation to redefine the very nature of work. As we navigate the intricacies of this technological revolution, it becomes imperative to explore how AI is reshaping the job landscape and what it means for the future of employment. This article delves into the multifaceted ways in which AI is influencing various industries, job roles, and the skills required for the workforce, providing insights into the evolving dynamics of work in the digital age. The Evolution of […]

The Impact of Automation on Jobs: Past, Present, and Future

The Impact of Automation on Jobs: Past, Present, and Future

Table of Contents

> Introduction The Role of Automation in the Job Market The Impact of Automation on Employment Historical Perspectives on Automation The Debate on Automation: Optimism vs Concern The Future of Automation and Jobs The Effects of the COVID-19 Pandemic on Automation The Geography of Automation: Global Trends The Skill Gap and the Future of Work Policy Responses to Automation The Impact of Automation on Employment: Looking into the Future of Work Automation has become a popular topic of discussion in recent years, as advancements in technology […]

Future of automation: Which jobs are at risk?

Future of automation: Which jobs are at risk?

> Introduction

Understanding Automation and Robotics 2.1 Definition of Automation 2.2 Definition of Robotics The Impact of Automation and Robotics on Jobs 3.1 Automation and High-Wage Jobs 3.2 Automation and Low-Wage Jobs 3.3 Automation and Physical Positions 3.4 Automation and Second Positions Job Categories and Automation 4.1 High-Wage and High Precision Jobs 4.2 Low-Wage and Low Physical Fatigue Jobs 4.3 Lower Paid and Lower Physical Position Jobs 4.4 Jobs Requiring Physical Precision Types of Automation in Different Job Categories 5.1 Specific AI for Lower Quadrant Jobs 5.2 Man-Machine Interactions in High-Wage […]

How will automation and artificial intelligence affect employment patterns in the future?

How will automation and artificial intelligence affect employment patterns in the future?

Automation and artificial intelligence (AI) will have a significant impact on employment patterns in the future. While AI and automation are replacing many jobs, certain human qualities such as intuition and empathy are still difficult for AI to imitate [1] . The advancements in AI and robotics will lead to job destruction but also job creation, as the value of hiring workers increases with the prospect of automating jobs [2] [3] . The long-run employment might fall, but not massively, and employment is likely to rise if consumers value human interactions [4] [5] . The COVID-19 pandemic has further […]

MIT economist warns of AI’s impact on jobs, urges ethical technological progress and gov’t action

MIT economist warns of AI’s impact on jobs, urges ethical technological progress and gov’t action

Portrait of Daron Acemoğlu, an Economics professor at the Massachusetts Institute of Technology (MIT)./Cody O’Loughlin In a recent written interview with Economy Chosun, Daron Acemoğlu, a professor of economics at the Massachusetts Institute of Technology (MIT), shared his insights on the prospects of Artificial Intelligence (AI) and its implications for the labor market.

Acemoğlu is renowned as a ‘star professor’ in economics, being one of just 12 ‘Institute Professors’ among the 1,080 at MIT. Recognized for his groundbreaking work in political economy, his research emphasizes the pivotal role of politics and institutions in economics. In 2005, he was honored with […]